Government of Montenegro granted concessions for small hydroplants

The Government of Montenegro granted concessions for the construction of small hydro power plants (SHPP) Vinicka and Lijevak.

“At the session, reports were adopted on the procedure for granting a concession on the basis of an energy license for the construction of small hydro power plants Vinicka on the part of the Vinicka river watercourse, as well as small hydro power plant Lijevak on the part of the Rijeka (Lijevak) watercourse”, the Government announced.

According to the statement, the Government made a decision on granting concessions and accepted the concession contracts with Rudi Energy company from Berane for the construction of Vinicka, and with Simes engineering from Podgorica for the construction of hydro plant Lijevak.

“During the discussion it was noted that Montenegro, if we count the requests that are currently being processed, will achieve the required level of electricity production from renewable sources, which is one of the obligations in the process of European integration,” the statement said.

Montenegro has a commitment to the European Union to increase the share of energy gained from RES to 33 percent of total consumption.

The government emphasizes that good evaluation and substantial investments have been made into natural resources that remain the property of the state.